Rodrigo Malmierca speaks during the Havana International Fair in Cuba. Reuters
Overall business conditions in Dubai’s non-oil private sector economy improved at the fastest rate in over four years in April. This mainly reflected the trend in new business, as employment was broadly unchanged during the month. Notably, business conditions in the wholesale & retail sector
Japan’s government slashed its economic growth forecast for this year largely due to weaker exports, in a sign the protracted US-China trade war is taking a bigger toll on the world’s third-largest economy.
The bond market is again pointing to fears of recession as the yield curve between three-month and 10-year rates inverts amid escalating trade tensions between China and the United States - one of five big themes set to dominate markets this week. Moody’s has warned that a trade war could tip the US economy into recession next year.
Al Jawaher Reception & Convention Centre (JRCC) has announced that it has signed an agreement with Marriott International to bring Courtyard by Marriott brand to Sharjah. Expected to open in 2023,
Etisalat Group announced on Tuesday its consolidated financial statements for the 12 months ending December 31, 2019. Aggregate subscriber base reached 149 million, representing Year over Year increase of 6 per cent.
Stock markets fell on Tuesday after Apple said the new coronavirus was hurting revenues, fuelling investors fears over the damage the epidemic is inflicting on corporate bottom lines.
The Abu Dhabi National Oil Company (Adnoc) announced, on Tesday, the award of two contracts for the construction of offshore facilities for the Dalma Gas Development Project located about 190 kilometers northwest of Abu Dhabi city.